$SMCI is hammering out a potential double-bottom demand base between $36.50 and $37.20 after a heavy 4-dollar liquidation cascade.
With aggressive buyers absorbing the $36.60 wick flush, the 1H swing playbook is simple:
- Long Entry: $36.70 - $37.10 (add on a confirmed 1H close above $37.50)
- Take Profit: $38.50 first target, secondary expansion to $39.60 - $40.30
- Hard Stop: $36.30 (1H close holding below $36.50 = cut immediately)
If $36.50 breaks and fails to reclaim quickly, selling will violently accelerate into fresh lows. Favor longs at the base, but zero bagholding if the floor snaps.
$SMCI #Aİ #DataCentersForAI #priceaction
With aggressive buyers absorbing the $36.60 wick flush, the 1H swing playbook is simple:
- Long Entry: $36.70 - $37.10 (add on a confirmed 1H close above $37.50)
- Take Profit: $38.50 first target, secondary expansion to $39.60 - $40.30
- Hard Stop: $36.30 (1H close holding below $36.50 = cut immediately)
If $36.50 breaks and fails to reclaim quickly, selling will violently accelerate into fresh lows. Favor longs at the base, but zero bagholding if the floor snaps.
$SMCI #Aİ #DataCentersForAI #priceaction
